Topic: Haasonline Simple Trade Bot For BTCe and Bitstamp[Main topic] - page 40. (Read 416703 times)

Hey Stephan,

sounds great as usual Any thoughts about what i have posted earlier?
After thinking about this a little longer i came to the conclusion that this could be best achieved with a new safety, something like "trade-adjusted Drop loss/Roof in" (I am not particularly creative with names so dont bother ). I think this would be a great thing because (correct me if i'm wrong) that is basically what people do when trading manually, setting a threshold in case their trade decision was wrong.

Something else: I pointed the creator of http://www.btcpredictions.com/ to your direction. He is trying to predict bitcoin prices by using neural networks. This actually works quite good, just seems to have problems with the current low volume. He said he is not ready yet to put his work to this level but will consider it later.
I think his work has great potential and maybe this could be interesting for you. This would very propably be another feature that no other bot out there has.

Hpotsirc

Types of Safeties
-Static Drop-loss
-Dynamic Drop-loss*
-Static Roof-out
-Dynamic Roof-out*
-Static Roof-in
-Dynamic Roof-in*

Types of Indicators
-Price High/Low
-Price Dynamic High/Low**
-Price Change
-Price Percentage Change
-Stochastic Oscillator
-Relative Strength Index (RSI)
-Stochastic Relative Strength Index (StochRSI)*
-Simple Moving Average (MA)
-Simple Moving Average Convergence/Divergence (MA-Histogram or MACD-Histogram SMA based)
-Moving Average Convergence/Divergence (MACD)
-Moving Average Convergence/Divergence (MACD-Histogram)
-Percentage Price Oscillator (PPO)*
-Rate Of Change (ROC)*
-Percentage Of Change (POC)*
-Aroon*

Types of Insurances
-Overcome fee costs
-Only allow sell at double fee-costs
-Never Sell Cheaper
-Disable on losses after X trades
-Minimum price change
-Minimum percentage of price change
-Avoid buy/sell walls**

* – Only Available for the Advanced License and the Simple License
** – Only Available for the Advanced License


This is the list of the available safeties, trade indicators and insurances per license. But.... next week it will be outdated again.

For next week we have scheduled a new update and the following trade indicators will be added:
- Blind indicator (Alpha tested OK) (All licenses)
- Coppock Curve Indicator (Alpha tested OK) (Simple+Advanced)
- Aroon Oscillator Indicator (Alpha tested OK) (Simple+Advanced)
- Ultimate Oscillator (Alpha tested OK) (Simple+Advanced)

And with a little bit of luck we will also add: (please read: this is NOT sure yet, it may be the update after)
- Ulcer Index (Simple+Advanced)
- Regression Slobe Indicator (Simple+Advanced)

Of course this not all we are working on right now. As posted before we are also working on adding support for spread orders, an alternative way to submit orders, we try to improve the order tracking (percentage filled tracking) and the benchmark will be expanded to support a longer period.

All currencies/pairs will be updated again too. We have seen + added support for the new coins at BTC-e and Cryptsy.

And last, but sure not least.... support for Bitfinex is coming. 


Once this update is finished and released then we have scheduled another new revolution in automated trading. What this will be remain a secret till the release of this update. Until this time the only thing that is really important is that i have never made a bold statement. So when i speak of a revolution again, just believe it will be true.

Hello everyone,

What indicators do i get with Beginners Version ?

Hey thanks.

I've been looking at that activating alt coins page, but my interface does not look like that at all. I have a web interface and that section is not present.

Is there a different client I should be using?


*NM: found it.

I think this site is a good start:
https://www.haasbot.com/trade-server-help/

It also has an article about activating all alts:
https://www.haasbot.com/alt-coins/

And Stephan has posted some basic strategies to get started:
https://www.haasbot.com/basic-strategies/
https://www.haasbot.com/drop-loss-strategies/
https://www.haasbot.com/basic-rsi-strategies/

The backtesting function really is a nice tool to quickly review how such strategies work.
I hope this helps you.

I just bought the bot and I got the basic so I could attempt to understand it before I really jump in. It seems I'm limited to only 5 coins on cryptsy though, is this simply related to the basic bot (meaning, if I upgrade will I have access to all the coins being traded on cryptsy?)

Thanks all!

Also, are there any key or recommended tutorials for setting the bots up initially?

So i recently ran into a problem with my bot getting stuck while i was using the procent price change -Insurance. This was caused because the price rose after my last sell and wouldn't come down again. Of course i can just make the bot work again by manually buying but it would be really nice if the bot would be capable of doing so by its own.

I tried to set the insurance to wanted rise 0,88% (twice the fee) and wanted drop 0% because i hoped that the insurance would just ignore the wanted drop in this case thus making the bot able to buy higher. Unfortunately the backtest showed that this is not the case and the insurance really requires the buy price to be at least the last sell price for the bot to work.
Dynamic roof in wouldn't work for me either because i find it quite hard to tune it properly (it often triggers on sudden spikes). So my question is: Would it be possible to have the dynamic roof in/dynamic drop loss be adjusted each time the bot trades rather than each x minutes? This would be really nice. It would also be even better if we were able to choose to delete the last buy/sell prices when this triggers rather than just buying/selling so the bot can go back to its normal work.

EDIT: I just saw that you can choose to have the insurance only check the sell signals. So that is solved for me. Anyway the things i mentioned about dynamic roof in/drop loss above would be really nice imho.

The new beginner licence allows 2 /simple 3 /advanced unlimted
try using the "classic" interface it is easier imho

not sure what is up with your key issue

My simple licence will only allow me to run 2 bots..  I thought it was 3?

Paying customers **should** be able to run as many bots as we like on different exchanges for testing surely?  The licence should / could perhaps only limit the ones you actually activate...  Its a real PITS having to delete / recreate ones to test.

Also since updating to the latest version and having to recreate the bots and enter API keys AGAIN for the miionth time, I cant copy / paste / enter a Cryptsy key...  It just wont paste in. 

If You don´t know anything about trading, You will only loose money with this any bot. For basics visit https://www.haasbot.com/trade-server-help/ but I recommend You to do some deeper research - it´ll cost You lot of time, but its worth it. You can start here http://www.investopedia.com/university/ or here http://stockcharts.com/school/doku.php?id=chart_school

The best to to find a good strategy is by getting started properly, and this is the part thats goes wrong a lot of times. A lot of people review the charts of bitcoinwisdom (for example) and try to reproduce this. Of course this is possible, but this is a wrong way to start. The reason why this is wrong is because two things are always overlooked. First the interval speed is always set to low (to fast) and secondly i see a lot of people not taking care of the small (unwanted) movements of the moving averages.

Anyway, the best way to learn this software or to find a good strategy is first to forget this and approuch it differently.

The most basic and 100% profitable strategy is the Blind Trade Indicator and the Fee Overcome security. This strategy will not give a lot of profit, instead the profits are very minor. But its a solid strategy and it will show you at the most basic level whats possible. I also posted some advice and explanation how this works at this link: http://www.haasbot.com/what-is-the-most-basic-and-profitable-strategy/

When you get this basic strategy working then i can recommend to have a look at the drop-loss strategy. This is also a very plain strategy that sells your coins if the prices drop. (like every weekend from friday till monday) This strategy works by simply setting up a trade-bot and adding and configuring a drop-loss Security. The idea behind this strategy is that you learn that the drop-loss can protect you to if the prices suddenly drops. Some details, images and explanation can be found here: https://www.haasbot.com/drop-loss-strategies/

Once you understand how those 2 strategies work then it becomes time to advance ahead and combine them.

The next step (or alternative step) to learn is to how other trade indicators behave. The easiest way to do this is by starting with the high/low price indicator. In this indicator you can set fixed proces to sell or buy upon. What this indicator will show you is that the set prices are never used, the software tries to get some extra marging inside the trading. Again, its just very small but it there and it shows itself this way. Some advices, images and explanation can be found here: https://www.haasbot.com/basic-strategies/

And here the next advice is also a combination of the high/low price indicator and the drop-loss safety. Just to learn and see what happens and how to protect yourself.

If you follow these steps then you can create a feeling for the software very fast. It will show the effect of Safeties and Insurances and it uses the most basic trade indicators that most people can understand.

Of course the next advice i can give is to advance even more and to use different trading indicators. But to make this work you need to grow first. By this i mean it becomes important that you run a lot of backtests and have a look what the other Securities, Insurances and Trade Indicators can do for you. A good example of this can be found here: https://www.haasbot.com/basic-rsi-strategies/


@All:
We are working really hard on the coming update. At the moment we are making progress in supporting spread orders and a lot of new trade indicators are coming in. These trade indicators are designed in cooperation with the university, so you can expect to see some good trade momentum from them. We are expecting this release will be somewhere mid/end next week.

BTW Of course we will update all the coins again at the update, we have seen the support of Usd at Cryptsy.

Thanks for help

About indicators, do you recommend some of them? Because I have no idea to which one to choose.

When the bot reaches 0 it sends a BUY signal, when the bot reaches 100 it sends a SELL symbol


I suggest doing the back test using the "classic" interface instead of the "web" interface.

Then you can see these 2 charts and get an idea at what point of the price changes that the bot made an action.
I would start here: https://www.haasbot.com/trade-server-help/
Read the sections about insurances,saftey and indicators.

I'm trying this software since 2 days in the simple licence but I have to say it's not easy to understand and configure it.

I learn better and better on this software but I have a question about indicators, how many indicators and/or which one to choose for each bots? Is there a specific strategy to follow?
Also, I don't know how to read the graph generated in the backtest mode. Can you explain this chart for example ?



Also, is there a real improvement to go from simple licence to advanced one?

Also Stephan, bravo for your investigation between the software, the replies here and also on your website.

sounds daft to me so lets say i have 1 btc and want to go all in in the BTC/LTC  ....how do i buy some LTC  to please the bot and how much LTC do i need to buy first to please the bot

Well the bot is not without flaws but it's getting better and i got to say that Stephan and his team are really giving their best to quickly respond to user requests and/or problems. They have proven to be trustworthy and are constantly working on the bot. To me this is gold within the crypto community.
So far this is the most easy-to-use bot i have tried since you don't need programming skills to make it work. The auto-tune feature is really nice and as far as i know this is the only bot that has something like that. Yet it isn't perfect and we can't know if it will ever be, even though Stephan wrote about further improvements and i really believe him that he's trying, i am just not sure if its possible Still as with all bots it will not just magically make profit for you. It requires a lot of tuning and a lot of knowledge about TA. The propability of  finding a feasible strategy with just playing around is quite low and also every strategy needs constant tuning.
So far i haven't been able to make this bot profitable but this is due to my own lack of knowledge rather than the bots fault. Once i have finished my master thesis i will seek to gain deeper insight to this ("Technical Analysis of the Financial Markets" by John J. Murphy is already lying on the side of my desk). Once i have done so i will report back if i could make the bot profitable if i find the time to do so.
Yet still i am happy that i have the bot and make use of it for drop-loss/roof-in purposes while sleeping - makes your sleep much healthier

So its up to you if you want to purchase it. It really depends on what you want and how much work you are willing to put in it. Should you decide to buy a licence i would recommend buying the simple or beginner licence as you can still upgrade to a higher licence for the price of the difference as far as i know.

That's a good point, but I'd prefer to get some customer feedback before dropping ~$100 USD on something that might just bug out and never make the money back... Just would make me feel more confidant about buying. It seems really awesome and I want to believe, I'm just a trade-bot skeptic and need some real un-biased reviews first. I think it would help a lot of potential buyers make up their mind, and possibly drive more sales if strategically quoted.


Also I'm not buying a $100 package to see if it works when the return policy is as follows sorry :/


A demo would really be a nice addition for this product and would help drive a significant amount of sales if the bot works. Or even add small timed packages. I'd very happily pay $25 for 24hrs worth of the full version. If I got that and it worked properly It'd be pretty impossible to resist a full purchase.

I think not many users of software which does what they expect it to do are looking up the software in a forum...

A possiblity is to buy the beginners license and see for yourself...

Can someone who has used this bot for a while give a review for me? I'm interested in purchasing it but reading through this thread all I'm seeing is bugs, errors, setup so complicated it's making people "want to puke", and people losing coins which is disappointing. Is this just because the only people who speak up are the ones having problems, or is it just best that I wait and maybe look elsewhere? Granted it does seem like they put a lot of continuous work into it and time into the support, but is it really worth 0.9 btc? And if I do get it should I buy a smaller package, or will I be missing out on vital features by doing so? What indicators are excluded in the beginner & simple packages? All I've found is that some are excluded but not which ones which is unsettling. I'm only looking to trade one coin on one exchange. Trading bots just make me so uneasy, they have the potential to lose everything you've collected in no time flat after you've already dished out a chunk of cash for it..